ArchiveJune 2010

June 16, 2010

Delisted: Fannie and Freddie Share Prices Plummet

By Tony Salloum
2 Min read
1 comment
16June

I yearned for the exoneration of Fannie Mae and Freddie Mac, but my voice, amongst many others, apparently has fallen by the wayside. I concede that stockholder concerns should, in this case, play second fiddle to the task of fueling America’s mortgage engine, but I still see this as a governmental maneuver to guise lethargy with an appearance of reform. Fannie Mae and Freddie Mac have been...

June 5, 2010

Real Estate Market Collapse: Whose Fault was it?

By Tony Salloum
8 Min read
2 comments
05June

The trend is to leave all fingers pointed to Fannie Mae and Freddie Mac, the two government sponsored companies who repurchase and are in control of nearly 90% of the mortgages in our country. In essence, they are the driving forces behind mortgage lending in this county. However, to blame mortgage repurchasers is a very superficial approach, and shows a very superficial understanding of the...